Foresight Autonomous Holdings Ltd. (NASDAQ:FRSX) Sees Large Growth in Short Interest

Foresight Autonomous Holdings Ltd. (NASDAQ:FRSX) was the recipient of a large growth in short interest during the month of January. As of January 15th, there was short interest totalling 640,100 shares, a growth of 127.6% from the December 31st total of 281,300 shares. Based on an average trading volume of 739,900 shares, the short-interest ratio is presently 0.9 days.

Foresight Autonomous Stock Down 1.9 %

FRSX traded down $0.02 during trading hours on Wednesday, reaching $1.06. 183,490 shares of the company’s stock traded hands, compared to its average volume of 394,049. The firm has a 50-day moving average price of $1.13 and a 200 day moving average price of $0.88. The firm has a market capitalization of $11.42 million, a PE ratio of -1.03 and a beta of 1.43. Foresight Autonomous has a 52-week low of $0.57 and a 52-week high of $2.63.

Foresight Autonomous (NASDAQ:FRSX) last issued its earnings results on Friday, November 29th. The company reported ($0.30) earnings per share (EPS) for the quarter. Foresight Autonomous had a negative net margin of 2,450.11% and a negative return on equity of 91.40%.

About Foresight Autonomous

Foresight Autonomous Holdings Ltd., a technology company, engages in the development of smart multi-spectral 3D vision software solutions and cellular-based applications for the automotive industry in Israel, Japan, the United States, and internationally. It develops in-line-of-sight vision solutions and beyond-line-of-site accident-prevention solutions.